Ethereum validator exit queue surges, ETH price drops 7%
According to Cointelegraph, Ether prices have fallen over 7% from their 2025 highs as validator and investor exit queues have reached an 18-month high. Currently, 644,330 ETH, worth approximately $2.34 billion, is queued for exit, with a wait time of 11 days. Everstake claims this is not a sign of panic or a crash, but rather a "shift," with validators potentially exiting to re-stake or optimize operations. Despite the surge in exit queues, 390,000 ETH remain in the queue, resulting in a net exit of approximately 255,000 ETH. The number of active validators is approaching 1.1 million, with approximately 35.7 million ETH staked, representing 30% of the total supply. US spot Ether ETFs are experiencing significant demand, with inflows exceeding $2.5 billion over the past six days. Tron founder Justin Sun withdrew approximately $600 million in ETH from Aave, resulting in a brief decoupling of Lido's stETH.